02:26:37 EDT Sat 19 Jul 2025
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Atrium Mortgage Investment Corp
Symbol AI
Shares Issued 47,572,998
Close 2025-07-18 C$ 11.63
Market Cap C$ 553,273,967
Recent Sedar Documents

Atrium CFO Wong resigns; Sherman appointed in interim

2025-07-18 18:14 ET - News Release

Mr. Robert Goodall reports

ATRIUM MORTGAGE INVESTMENT CORPORATION ANNOUNCES CHANGE IN FINANCE DEPARTMENT LEADERSHIP

Gigi Wong has resigned as chief financial officer of Atrium Mortgage Investment Corp.

Jeffrey D. Sherman is rejoining Atrium as interim chief financial officer, effective July 21, 2025. He was previously chief financial officer of Atrium from 2012 to 2017, when he helped transition the company to a listing on the Toronto Stock Exchange, and helped manage its growth. He has also been CFO of several other public companies including Sun Residential Real Estate Investment Trust and Pure Nickel Inc., and has been a director and chair of the audit committee at Acerus Pharmaceuticals Corp. and Cleanfield Alternative Energy. During his career, Mr. Sherman has also been a course director and course author for many organizations, including provincial associations of chartered professional accountants across Canada, and was an adjunct professor at York University. Mr. Sherman has a BComm from Rotman Commerce (University of Toronto) and an MBA from the Schulich School of Business (York University), and is an FCPA and FCA (Ontario).

Robert Goodall, chief executive officer of Atrium, stated: "I would like to thank Jeffrey for assuming the role of interim CFO while a thorough search is undertaken and a replacement is appointed. We worked closely for five years from 2012 to 2017, and I have the utmost respect for Jeffrey's knowledge and experience."

About Atrium Mortgage Investment Corp.

Atrium is a non-bank provider of residential and commercial mortgages that lends in major urban centres in Canada where the stability and liquidity of real estate are high. Atrium's objectives are to provide its shareholders with stable and secure dividends and preserve shareholders equity by lending within conservative risk limits.

Atrium is a mortgage investment corporation as defined in the Canada Income Tax Act, so it is not taxed on income, provided that its taxable income is paid to its shareholders in the form of dividends within 90 days after Dec. 31 each year. Such dividends are generally treated by shareholders as interest income, so that each shareholder is in the same position as if the mortgage investments made by the company had been made directly by the shareholder.

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